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Transworld Shipping climbs on inking MoA with Avana Logistek for sale of vessel ‘SSL GODAVARI’

The MoA is for sale of vessel ‘SSL GODAVARI’ owned by Transworld Shipping Lines

Transworld Shipping Lines is currently trading at Rs. 156.40, up by 10.75 points or 7.38% from its previous closing of Rs. 145.65 on the BSE.

The scrip opened at Rs. 147.95 and has touched a high and low of Rs. 156.40 and Rs. 147.95 respectively. So far 2111 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 329.30 on 27-May-2025 and a 52 week low of Rs. 114.10 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 156.40 and Rs. 139.15 respectively. The current market cap of the company is Rs. 331.78 crore.

The promoters holding in the company stood at 70.44%, while non-Institutions held 29.56% stake in the company.

Transworld Shipping Lines has signed a Memorandum of Agreement (MoA) with Avana Logistek for sale of vessel ‘SSL GODAVARI’ owned by Transworld Shipping Lines (formerly known as Shreyas Shipping and Logistics) for consideration of $19.60 million.

Transworld Shipping Lines (formerly known as Shreyas Shipping & Logistics), with its legacy of excellence and innovation, continues to set industry standards in shipping and logistics. The company’s unwavering focus on customer satisfaction, operational efficiency, and strategic growth has established it as a trusted partner for businesses worldwide.